China Ming Yang (MY $7.50 +0.17) announced it has withdrawn the
registration statement on Form F-1 previously filed with the Securities and
Exchange Commission relating to the proposed public offering of up to 15,000,000
American depositary shares ("ADS") of the Company by certain selling
shareholders.
In light of current market conditions, Ming Yang's board of directors has
approved that the Company consider implementing a share repurchase program. Such
a share repurchase program may include the repurchase by Ming Yang of ordinary
shares or ADSs of the Company in privately negotiated transactions or in the
open market from time to time depending on market conditions and other factors
as well as subject to relevant rules under the United States securities
regulations.
The Company intends to announce the size and other terms of the program once
finalized and approved by the board.






